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Veralto VLTO Contract Liabilities

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Other financials

Income statement

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Revenue$1.5B+7.5%
Gross profit$902.0M+9.7%
Operating income$315.0M+0.6%
Net income$241.0M+8.6%
EPS (diluted)$0.98+10.1%

Balance sheet

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Cash & equivalents$2.1B+35.9%
Total debt$3.6B+25.2%
Total equity$3.1B+16.7%
Total assets$8.6B+19.3%

Cash flow

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Operating cash flow$340.0M+0.3%
CapEx$12.0M-25.0%
Free cash flow$328.0M+1.5%

Valuation

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Market cap$23.69B-11.2%
Enterprise value$25.15B-10.1%
P/E24×-5.9×
P/S4.2×-0.8×

Profitability

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Gross margin60.2%+0.3pp
Operating margin22.7%-0.6pp
Net margin17.3%+0.7pp
FCF margin18.4%+0.8pp

Returns & leverage

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Return on equity34.4%-7.0pp
Debt / equity1.2×+0.1×
Current ratio1.8×-0.5×

Where this comes from

Reported directly by Veralto in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: Veralto’s 10-Q, filed July 29, 2026.

Filed
Jul 28, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001967680-26-000044

The Company often receives cash payments from customers in advance of the Company’s performance, resulting in contract liabilities that are classified as either current or long-term in the Consolidated Condensed Balance Sheets based on the timing of when the Company expects to recognize revenue. As of July 3, 2026 and December 31, 2025, contract liabilities were $335 million and $287 million, respectively, and are included within accrued expenses and other liabilities and other long-term liabilities in the accompanying Consolidated Condensed Balance Sheets. Revenue recognized during the six-month periods ended July 3, 2026 and July 4, 2025 that was included in the opening contract liability balance was $187 million and $148 million, respectively.

Item 1. Financial Statements

FAQ

What is Veralto's contract liabilities?
Veralto (VLTO) reported contract liabilities of $335M in Q2 2026.
How has Veralto's contract liabilities changed year-over-year?
Veralto's contract liabilities increased by 15.9% year-over-year, from $289M to $335M.
What is the long-term trend for Veralto's contract liabilities?
Over 3 years (2022 to 2025), Veralto's contract liabilities has grown at a 173.7% compound annual growth rate (CAGR), from $14M to $287M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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